MRM 0.00% 33.0¢ mma offshore limited

Chart has short term potential, page-439

  1. 896 Posts.
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    IMO Pretty good chance of going lower than last time this time.

    Re shorters I believe we may see their positions grow, I'm not a shorter but I can still see room for this one to fall, so would not be surprised if short positions build up from here.

    The selling patterns we saw in Nov 15 were different, in Nov 15 that was shorter also trading and short covering. Recent trading just seems to be holders selling.

    A short push down could still come in the future IMO.

    I have changed sentiment from none to sell.
 
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